US analysts expect the Federal Reserve to cut interest rates to the neutral rate ahead of schedule

According to ChainCatcher, citing Golden Ten Data, Gregory Faranello, Head of US Rates Trading and Strategy at AmeriVet Securities, stated that the labor market has shown signs of weakness, and he expects the Federal Reserve to begin cutting interest rates this month, possibly followed by a series of subsequent rate cuts. He pointed out that the forward curve indicates that interest rates will fall to a neutral level by the end of 2026, but this timeline is likely to be moved forward.